- LEASE FOR SALE
- DIY HARDWARE STORE
- 25 YEAR LEASE AVAILIABLE
- TWO SEPARATE FLATS- INCOME = £850 P.C.M
- TURNOVER £490,000 PER ANNUM
- 30 YEAR TRADING HISTORY
- BUSINESS PREMIUM £400,000
Pam Estates Ltd offer this leasehold D.I.Y Hardware store for sale.
Located on Nineveh Rd, Handsworth, less than 2 miles from Birmingham City Centre, just off Soho rd (A41). The premises are within easy reach of local schools and amenities. Benefitting from regular public passing trade & transport, the property benefits from excellent road links into the city and wider midlands network. The surrounding area comprises a number of similar retail units, small industrial properties and residential dwellings.
This leasehold property is a two-storey brick built construction which briefly comprises a of a ground floor sales area, having fixtures and shop fittings, with store rooms situated to the rear of the building which has double door access. Kitchen, Office, separate W.C. & Shower Room.
The accommodation located on the first floor comprise of 2 seperate One bedroom residential flats. The residential flats are self contained and is accessed via separate entrance from the front of the property. Our client has advised that income generated from the flats is £850 P.C.M.
A premium of £400,000 is being sought in respect of the existing business, fixtures & fittings.
The premises is available to let by way of lease on terms.
Each party is liable for their legal costs on completion.
Viewings Strictly through sole agents Pam Estates Ltd.
MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
These particulars do not constitute part or all of an offer or contract.
The measurements indicated are supplied for guidance only and as such must be considered incorrect.
Potential buyers are advised to recheck the measurements before committing to any expense.
Pam Estates Ltd. has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.
Pam Estates Ltd. has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.